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JAPAN
Sep 3, 2006

Daiei may sell 39 outlets to cut debt

Daiei Inc. is contemplating selling 39 properties, including core branches, in a move that would generate proceeds of more than 80 billion yen as part of efforts to prune its debt, sources said Saturday.
Japan Times
JAPAN
Aug 31, 2006

M.crew offers work in the day, cheap bed at night

Three years ago, a 19-year-old man arrived in Tokyo from Kyushu to work at a security company.
BUSINESS
Aug 31, 2006

Marubeni seen looking to sell part of Daiei stake

Trading house Marubeni Corp. plans to sell part of its equity stake in Daiei Inc. to Aeon Co. or Wal-Mart Stores Inc., eyeing a tieup with either of the supermarket chains, sources said Wednesday.
BUSINESS
Aug 30, 2006

MUFG to fully own group brokerage

Mitsubishi UFJ Financial Group Inc. plans to turn Mitsubishi UFJ Securities Co., a group brokerage, into a wholly owned subsidiary, MUFG said Tuesday.
BUSINESS
Aug 25, 2006

TBS envisages holding company

Tokyo Broadcasting System Inc. plans to set up a holding company in fall next year, after the broadcasting law is revised in the first half of 2007, according to sources.
Japan Times
BUSINESS
Aug 24, 2006

U.S. beef ban over but it seems otherwise at stores

It's been weeks since Japan ditched its import ban on U.S. beef and the first shipment went on sale, but American beef is nowhere to be seen at supermarkets here -- except for the five Costco stores.
BUSINESS
Aug 19, 2006

Rakuten enjoys 37% surge in profit

Rakuten Inc. reported Friday that its group net profit rose 37.1 percent to 7.1 billion yen in the first half of the year, thanks to strong sales at its online brokerage.
BUSINESS
Aug 17, 2006

Sony braces for impact of massive battery recall

Sony Corp. is cooperating fully with personal computer maker Dell Inc.'s recall of 4.1 million notebook computer batteries supplied by Sony, but it does not know how much the recall will cost, a spokesman said Wednesday.
BUSINESS
Aug 3, 2006

Softbank cuts ties with SBI Holdings

Internet and telecom conglomerate Softbank Corp. said Wednesday its group has ended its capital ties with SBI Holdings Inc., the holding company of the SBI Group firms, with the sale of its remaining 19.2 percent stake in SBI Holdings to Goldman Sachs Japan Ltd.
JAPAN
Jul 28, 2006

Small-scale funerals on the increase

The second-floor unit in Kodaira, western Tokyo, at first glance may look like an overly large apartment, with its sofas, large TV, video player, kitchen, bathroom and tatami room, but it is actually a small-scale funeral hall.
BUSINESS
Jul 28, 2006

MHI wins key LNG tank deal in U.S.

Mitsubishi Heavy Industries Ltd. said Thursday its U.S. subsidiary and a partner have won a contract to build two liquefied natural gas storage tanks for Sabine Pass LNG L.P., a subsidiary of Houston-based Cheniere Energy Inc.
Japan Times
BUSINESS
Jul 27, 2006

Amazon Japan to launch online shopping mall

Major online book retailer Amazon Japan K.K. is approaching retailers in preparation for opening an online shopping mall, company officials said Wednesday.
JAPAN
Jul 22, 2006

President apologizes for Livedoor in court

Livedoor Co. President Kozo Hiramatsu, testifying in court Friday, apologized for his company's having misled the stock market by releasing false announcements and window-dressing for the business year to Sept. 30, 2004, before he assumed his position.
JAPAN
Jul 20, 2006

Trust banks sue Seibu over delisting

Seibu Holdings Inc. said Wednesday its subsidiaries Seibu Railway Co. and Prince Hotels Inc. have been sued by five trust banks over the railway's delisting as punishment for falsifying financial statements.
BUSINESS
Jul 13, 2006

Resona to sell most JCB shares

Resona Holdings Inc. plans to sell most of its 15 percent stake in JCB Co., the nation's top credit card company, to Orix Corp., Nomura Securities Co. and Nomura Holdings Inc., leaving it with about 3 percent of JCB's shares, sources said Wednesday.
BUSINESS
Jul 13, 2006

Kabu.com will launch after-hours exchange

Online brokerage kabu.com Securities Co. said Wednesday it plans to start an after-hours trading system in August that will take orders from kabu.com account holders.
BUSINESS
Jul 12, 2006

ANA, Rakuten tie on online booking

All Nippon Airways Co. and the Rakuten Inc. group will start a new service in October enabling people to reserve cheaper flights and hotels via the Internet, sources said Tuesday.
BUSINESS
Jul 8, 2006

KDDI led new subscribers in June

KDDI Corp. scored the biggest net increase in subscriptions in June for the second month in a row, topping all mobile phone companies in Japan, an industry body said Friday.
BUSINESS
Jul 6, 2006

Mitsubishi's Furukawa likely to head postal bank

Koji Furukawa, adviser to trading house Mitsubishi Corp., has emerged as the person most likely to head the banking unit of Japan Post when it is privatized in October 2007, although he is not a banker, sources said Wednesday.
BUSINESS
Jul 1, 2006

Mitsui to sell aluminum plant stakes

Mitsui & Co. said Friday its U.S. subsidiary will sell its 32 percent stakes in two U.S. aluminum processing plants to Alcoa Inc., which holds 61 percent stakes in both plants, due to deteriorating profitability stemming from higher electricity costs.
BUSINESS
Jun 30, 2006

Rakuten, TBS extend tieup talks to July 31

Rakuten Inc. and Tokyo Broadcasting System Inc. said Thursday they will extend the deadline for concluding their tieup talks to July 31 from the earlier-set June 30.
BUSINESS
Jun 30, 2006

Shiseido, Tosoh get OK for defensive measures

Shareholders in top cosmetics maker Shiseido Co. and major chemical maker Tosoh Corp. separately approved measures Thursday to defend against corporate takeovers.
BUSINESS
Jun 24, 2006

Investors get more vocal on management decisions

Over the past several weeks, company executives have been beating a path to Pension Fund Association's door, trying to get the investment manager to agree with proposals they plan to submit at their shareholder meetings.
Japan Times
BUSINESS
Jun 10, 2006

Dream Technologies' revival tied to Murakami

Late last October, while everyone was watching Rakuten Inc. make a surprise bid to integrate with Tokyo Broadcasting System Inc., Yoshiaki Murakami launched a new investment plan.
BUSINESS
Jun 8, 2006

KDDI tops in subscriber growth

KDDI Corp. overtook NTT DoCoMo Inc. in net cell phone subscriber growth in May for the first time in six months, an industry body said Wednesday.
BUSINESS
Jun 8, 2006

Prince Hotels falls further into red

The reorganized Seibu Group said Wednesday its Prince Hotels chain had a net loss of 37.2 billion yen in fiscal 2005, an increase from the previous year's loss of 32 billion yen.
EDITORIALS
Jun 8, 2006

The act of a professional?

Mr. Yoshiaki Murakami, who has drawn intense public attention as Japan's most controversial investment fund manager, was arrested Monday by the Tokyo Public Prosecutor's Office on suspicion of violating the Securities and Exchange Law. He is suspected of having engaged in insider stock trading when his...
BUSINESS
Jun 7, 2006

Sony has high hopes for its first digital SLR

Sony Corp. on Tuesday unveiled its first digital single lens reflex camera, the Alpha DSLR-A100, in its first product rollout since acquiring the Konica Minolta Group's digital SLR division earlier this year.
Global militaries to study India-Pakistan fighter jet battle
The Indian Air Force's Rafale fighter jets. India and Pakistan aircraft engaged in a dogfight on Wednesday.
Man admitted to 2025 Osaka Expo with 85-year-old ticket
The Osaka Expo, which opened last month, runs through mid-October.
In his first appearance, Pope Leo offers three big clues about his papacy
Newly elected Pope Leo XIV, formerly Cardinal Robert Prevost of the United States, appears on the balcony of St. Peter's Basilica at the Vatican on Thursday.
Pakistan hails role of Chinese jets in repelling India strikes
A J-10C fighter jet
Suspect in Tokyo Metro stabbing chose station to highlight ‘educational abuse’
Yoshitaka Toda is escorted out of a police station in Tokyo's Bunkyo Ward on Friday to be sent to prosecutors.
Who could become Japan's next prime minister?
Clockwise from top left: Former economic security minister Sanae Takaichi, former economic security minister Takayuki Kobayashi, Finance Minister Katsunobu Kato and Chief Cabinet Secretary Yoshimasa Hayashi
With a new Shibuya studio, Apple Music bets big on Japan
Apple Music personalities (from left) Ebro Darden, Kentaro Ochiai, Zane Lowe and Mino came together for a special recording in late April to discuss music and celebrate the newly opened Apple Music studio in Tokyo.
Kazuki Nagasawa's sustainable designs are rooted in tradition
For centuries, artisans have unraveled strands of the fibrous bark of "shuro" trees to create a medley of everyday objects. Designer Kazuki Nagasawa is now transforming the traditional material into ethereal contemporary pieces.
SusHi Tech Tokyo 2025 expands to become one of Asia's largest startup events
SusHi Tech Tokyo 2025 was bustling with participants of various nationalities Thursday, and multiple languages could be heard around the room as many engaged in conversations throughout the day.
Celebrating Japan’s defeat at Shimoda’s Black Ships Festival
Tatsumi Onose (right), who plays the part of Commodore Matthew Perry in Shimoda's Black Ship Festival, says the historical episode the event is based on should be remembered for its positives more than its negatives.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan
By Hanako Lowry

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